GD · AmericasYE · Asia

Grenada vs Yemen: tax rates compared

Between the two, Grenada's income tax rate (30%) tops Yemen's (20%) by 10pp. The 200-country average is 28%: Grenada sits above it, Yemen sits below it. Grenada's figure is dated 2026-07-20 and Yemen's 2011-01-01, so the two rates come from different data vintages.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%30%Corporate20%28%
two shared taxes, side by side
Tax GD YEDifference
Income Tax30%20%GD +10 pplargest gap
Corporate Tax28%20%GD +8 pp

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Yemen20%Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01
Difference+10 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Yemen20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8 ppGrenada higher

Between the two, Grenada's corporate tax rate (28%) tops Yemen's (20%) by 8pp. The 201-country average is 22.6%: Grenada sits above it, Yemen sits below it.

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.